DigitalDrifter
Diamond Member
Here we go again! DAMNIT! ![Mad :mad: :mad:](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
www.cnbc.com
Stocks tumbled Monday, pushing the S&P 500 back into bear market territory, as the major averages came off their worst week since January.
The Dow Jones Industrial Average dropped 890 points, or 2.8%, the S&P 500 fell 3.8% and the Nasdaq Composite tumbled 4.5%.
The S&P 500 hit a new intraday low for the year and its lowest level since March 2021. The benchmark is off nearly 22% from its record, back in bear market territory after trading there briefly on an intraday basis about three weeks ago.
![www.cnbc.com](https://image.cnbcfm.com/api/v1/image/107075122-1655150887554-aa7_img_100_99_112_1957655_1000-1655150803939.jpg?v=1655150905&w=1920&h=1080)
S&P 500 tumbles nearly 4% to new low for the year, closes in bear market territory
Stocks tumbled Monday, pushing the S&P 500 back into bear market territory, as the major averages came off their worst week since January.